Wright and Pryce Limited


1 July 2019 false No description of principal activity Taxfiler 2020.12 06631717business:PrivateLimitedCompanyLtd2019-07-012020-06-30 066317172019-06-30 066317172019-07-012020-06-30 06631717business:AuditExemptWithAccountantsReport2019-07-012020-06-30 06631717business:FullAccounts2019-07-012020-06-30 066317172020-06-30 06631717business:Director12019-07-012020-06-30 06631717business:RegisteredOffice2019-07-012020-06-30 066317172019-06-30 06631717core:WithinOneYear2020-06-30 06631717core:WithinOneYear2019-06-30 06631717core:AfterOneYear2020-06-30 06631717core:AfterOneYear2019-06-30 06631717core:ShareCapital2020-06-30 06631717core:ShareCapital2019-06-30 06631717core:RetainedEarningsAccumulatedLosses2020-06-30 06631717core:RetainedEarningsAccumulatedLosses2019-06-30 06631717business:SmallEntities2019-07-012020-06-30 06631717countries:EnglandWales2019-07-012020-06-30 06631717core:ComputerEquipment2019-07-012020-06-30 06631717core:ComputerEquipment2019-06-30 06631717core:ComputerEquipment2020-06-30 066317172018-07-012019-06-30 iso4217:GBP xbrli:pure
Company Registration No. 06631717 (England and Wales)
Wright and Pryce Limited Unaudited accounts for the year ended 30 June 2020
Wright and Pryce Limited Unaudited accounts Contents
Page
- 2 -
Wright and Pryce Limited Company Information for the year ended 30 June 2020
Director
Mr R Brooks
Company Number
06631717 (England and Wales)
Registered Office
Highfield Grange Northfield Road, Bubwith Selby North Yorkshire YO8 6DP
Accountants
JLA Accounting Limited 9 Flora Avenue Darlington DL3 8PF
- 3 -
Wright and Pryce Limited Statement of financial position as at 30 June 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
519 
779 
Current assets
Debtors
1,808 
3,998 
Cash at bank and in hand
27,709 
9,042 
29,517 
13,040 
Creditors: amounts falling due within one year
(3,761)
(6,278)
Net current assets
25,756 
6,762 
Total assets less current liabilities
26,275 
7,541 
Creditors: amounts falling due after more than one year
(16,717)
- 
Net assets
9,558 
7,541 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
9,556 
7,539 
Shareholders' funds
9,558 
7,541 
For the year ending 30 June 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 July 2020 and were signed on its behalf by
Mr R Brooks Director Company Registration No. 06631717
- 4 -
Wright and Pryce Limited Notes to the Accounts for the year ended 30 June 2020
1
Statutory information
Wright and Pryce Limited is a private company, limited by shares, registered in England and Wales, registration number 06631717. The registered office is Highfield Grange, Northfield Road, Bubwith, Selby, North Yorkshire, YO8 6DP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2019
4,858 
At 30 June 2020
4,858 
Depreciation
At 1 July 2019
4,079 
Charge for the year
260 
At 30 June 2020
4,339 
Net book value
At 30 June 2020
519 
At 30 June 2019
779 
5
Debtors
2020 
2019 
£ 
£ 
Accrued income and prepayments
557 
370 
Other debtors
1,251 
3,628 
1,808 
3,998 
- 5 -
Wright and Pryce Limited Notes to the Accounts for the year ended 30 June 2020
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Bank loans and overdrafts
283 
- 
Trade creditors
- 
165 
Taxes and social security
2,789 
2,955 
Loans from directors
136 
257 
Accruals
553 
2,901 
3,761 
6,278 
7
Creditors: amounts falling due after more than one year
2020 
2019 
£ 
£ 
Bank loans
16,717 
- 
8
Average number of employees
During the year the average number of employees was 0 (2019: 0).
- 6 -